FRANKFURT (Reuters) - Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the European Central Bank should still exercise caution in cutting interest rates beyond a first step in June, Dutch policymaker Klaas Knot told Nikkei.
The ECB has all but promised a rate cut for June 6 and policymakers are now debating how to proceed in subsequent months after oil prices rose and unexpectedly high inflation readings... (continue reading...)
(Reuters) - Coca-Cola is gearing up for the initial public offering (IPO) of $8 billion African bottling arm, Bloomberg News reported on Monday.
The company did not immediately respond to a Reuters request for comment.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shailesh Kuber)
VIENNA (Reuters) - Austrian prosecutors said on Monday they are investigating far-right leader Herbert Kickl on suspicion of breach of trust for allegedly using public funds to take out media advertising in exchange for favourable party coverage when he was a minister.
Kickl is one of several former far-right ministers - including the Freedom Party's former leader, Heinz-Christian Strache - who prosecutors said were under investigation in a statement... (continue reading...)
By Tom Polansek
CHICAGO (Reuters) - The U.S. Department of Agriculture said on Monday it is collecting samples of ground beef in states with outbreaks of bird flu in dairy cows for testing but remains confident the meat supply is safe.
The USDA will analyze the ground beef to determine "whether any viral particles are present," according to a statement.
The U.S. Food and Drug Administration said on Friday that tests of milk... (continue reading...)
By Will Dunham
WASHINGTON (Reuters) - The advent of agriculture roughly 11,500 years ago in the Middle East was a milestone for humankind - a revolution in diet and lifestyle that moved beyond the way hunter-gatherers had existed since Homo sapiens arose more than 300,000 years ago in Africa.
While the scarcity of well-preserved human remains from the period preceding this turning point has made the diet of pre-agricultural people a bit... (continue reading...)
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